#women loan

[femmesandhoney]

considering how hard society is trying to bend and break young women everywhere by making it so difficult to live alone and be financially stable with the inflation, impossibility of finding affordable single living housing, wage stagnation, and abortion bans and overall rollback of women's rights, i think more of us should be outspoken about living with and supporting other women during these times. don't let your friends and family think the only option you have to stay afloat is bunking with a man and relying on him, like society is trying so hard to go against women having independence and to make it seem like the easiest and most rewarding path to just give it up (just look at all the traditional women trends and tik tok jokes looming over young women and girls today). like i think we need pushes for reminding women its okay to live with your female friends or family into adulthood if thats what keeps you stable and out of the clutches of men who may want to strip you of your independence.

[batboyblog]

Things Biden and the Democrats did, this week #10

March 15-22 2024

The EPA announced new emission standards with the goal of having more than half of new cars and light trucks sold in the US be low/zero emission by 2032. One of the most significant climate regulations in the nation’s history, it'll eliminate 7 billion tons of CO2 emissions over the next 30 years. It's part of President Biden's goal to cut greenhouse gas emissions in half by 2030 on the road to eliminating them totally by 2050.

President Biden canceled nearly 6 Billion dollars in student loan debt. 78,000 borrowers who work in public sector jobs, teachers, nurses, social workers, firefighters etc will have their debt totally forgiven. An additional 380,000 public service workers will be informed that they qualify to have their loans forgiven over the next 2 years. The Biden Administration has now forgiven $143.6 Billion in student loan debt for 4 million Americans since the Supreme Court struck down the original student loan forgiveness plan last year.

Under Pressure from the administration and Democrats in Congress Drugmaker AstraZeneca caps the price of its inhalers at $35. AstraZeneca joins rival Boehringer Ingelheim in capping the price of inhalers at $35, the price the Biden Admin capped the price of insulin for seniors. The move comes as the Federal Trade Commission challenges AstraZeneca’s patents, and Senator Bernie Sanders in his role as Democratic chair of the Senate Health Committee investigates drug pricing.

The Department of Justice sued Apple for being an illegal monopoly in smartphones. The DoJ is joined by 16 state attorneys general. The DoJ accuses Apple of illegally stifling competition with how its apps work and seeking to undermining technologies that compete with its own apps.

The EPA passed a rule banning the final type of asbestos still used in the United States. The banning of chrysotile asbestos (known as white asbestos) marks the first time since 1989 the EPA taken action on asbestos, when it passed a partial ban. 40,000 deaths a year in the US are linked to asbestos

President Biden announced $8.5 billion to help build advanced computer chips in America. Currently America only manufactures 10% of the world's chips and none of the most advanced next generation of chips. The deal with Intel will open 4 factories across 4 states (Arizona, Ohio, New Mexico, and Oregon) and create 30,000 new jobs. The Administration hopes that by 2030 America will make 20% of the world's leading-edge chips.

President Biden signed an Executive Order prioritizing research into women's health. The order will direct $200 million into women's health across the government including comprehensive studies of menopause health by the Department of Defense and new outreach by the Indian Health Service to better meet the needs of American Indian and Alaska Native Women. This comes on top of $100 million secured by First Lady Jill Biden from ARPA-H.

Democratic Senators Bob Casey, Tammy Baldwin, Sherrod Brown, and Jacky Rosen (all up for re-election) along with Elizabeth Warren, Cory Booker, and Sheldon Whitehouse, introduced the "Shrinkflation Prevention Act" The Bill seeks to stop the practice of companies charging the same amount for products that have been subtly shrunk so consumers pay more for less.

The Department of Transportation will invest $45 million in projects that improve Bicyclist and Pedestrian Connectivity and Safety

The EPA will spend $77 Million to put 180 electric school buses onto the streets of New York City This is part of New York's goal to transition its whole school bus fleet to electric by 2035.

The Senate confirmed President Biden's nomination of Nicole Berner to the Court of Appeals for the Fourth Circuit. Berner has served as the general counsel for America's largest union, SEIU, since 2017 and worked in their legal department since 2006. On behalf of SEIU she's worked on cases supporting the Affordable Care Act, DACA, and against the Defense of Marriage act and was part of the Fight for 15. Before working at SEIU she was a staff attorney at Planned Parenthood. Berner's name was listed by the liberal group Demand Justice as someone they'd like to see on the Supreme Court. Berner becomes one of just 5 LGBT federal appeals court judges, 3 appointed by Biden. The Senate also confirmed Edward Kiel and Eumi Lee to be district judges in New Jersey and Northern California respectively, bring the number of federal judges appointed by Biden to 188.

[trulyhblue]

Could you possibly do a Grace Clinton x Reader please based on what Alessia mentioned on her podcast about Grace being a big hugger and like a sloth ! x also love your work ❤️

Just A Hugger

Grace Clinton x Lioness! Reader

Warnings: fluff, secret but established relationship, very short!

______________________

You were sitting on one of the bean bags for the first time all camp, snuggled under an array of blankets, cuddling your phone as you stared up at the TV in front of you. The room was dark, holding refuge to more than a dozen tired athletes, all clad in their sponsored trackies and hoodies. You were among the handful that had been able to snag a bean bag before they were all full.

Alessia and Ella shared one beside you, and Niamh and Lotte planted theirs together in order to create one combined. On the lounges behind you, many of the girls lay across one another, sluggish in their endeavours to soak up some team bonding while also maintaining the silence. Beth had made you a hot chocolate, and Esme had picked the movie, which was of no complaint to anyone, considering the City girl always seemed to know best. You could hear Lauren muttering about her latest Lego creation to LJ, who was somewhat endorsed by the topic of conversation, yet scrolled aimlessly on her phone as she hummed along in agreement, since Hempo’s tangents often let on for prolonged periods.

Your feet peeked out from under the blankets, your fluffy pink socks matching with your girlfriend, who was nowhere to be seen. There was a quiet hum of chatter as the movie played, and everyone was content with the mixture as it was the first time anyone had really gotten to bond with another teammate outside of training.

The euro qualifiers were tough, and your fresh arrival to the team made it even more difficult to mould into a routine. In such high stake games, you certainly weren't looking for any significant game time, but you were a halftime sub during England’s campaign against Sweden, and you were hopeful of getting the same minutes this time against France.

You were younger than most of the girls but had been around professional football for long enough to have known them all for quite some time. You made your debut at United only a few years ago before playing for City in the Youth groups. There you met the likes of Mary, Katie and Ella, who were the first Lionesses that you had truly gotten to know. You had eventually met Grace when she came from Bristol to United, and from then, you were both sent on loan to Tottenham, where your friendship blossomed into a North London Treasure. Fans are no longer sure Grace is a United player, but their NLD golden girl. You were born and raised Manchester-bound, and you were not prepared to face the fact that you were slowly becoming among the faces of Tottenham’s affiliates. It took you a while to process the hurt that came with your loan, and at some points, you envied how quickly Grace fit in with your teammates and the game they played. But you soon moulded well as a striker, especially as your relationship with Grace consumed your everyday life.

You had moved in together as friends and slowly found your deep feelings for her embedded into your heart. The hugs during celebrations, and the post-match interviews matched with longing stares and soft compliments. Fans jumped to the joyride of how calm and collected the two of you held yourselves, especially as a duo in the games. Grace was always helping you up after badly set tackles, and you pushed her away from unnecessary quarrels with opponents. The media would pick up on the assists Grace would give you, and the spectacular goals that came as a result of your chemistry. There weren't any other two players that had this sort of combination together, and clubs were quick to realise that if they wanted one of you, the other was instantly included.

It was only half way through the season when the two of you got together. It was after your win against Arsenal, and the celebrations mixed with alcohol were quick to loosen your tongue. It was a well-kept secret between you two, except your two best friends Charli and Celine had caught on about your feelings long before you had even gotten together. The media were just enamoured by your friendship with Grace. The fans adored the affection you showed each other. There was inevitable shipping rumours, but they never held much significance.

While you liked the privacy of your relationship, Grace wanted to make it known that you were hers. It wasn't like you kept it discreet. You had shown each other the same amount of PDA before you made it official, so there was minimal change when it came to the way you interacted with each other, save for the heavy affection shown in the showers after a match, away from prying eyes. However, Grace had found herself falling more protective of you. If someone had made a false tackle on you, she’d be all over it before you had even hit the ground. It was an anger that had never presented itself beforehand, but it was sure to unleash the second you winced into the grass.

You were very reserved on the pitch. There wasn't much you got up to, and your card count was very low. Grace was much more vicious, but held accountability when it was due.

Everyone just thought that it was the end-of-season drama, where teams were making last-second challenges that would aim to help their position on the ladder.

Now, as both of your loans with Tottenham were soon to be over, Grace and you had not only made yourselves comfortable in the London atmosphere but had created special bonds with the likes of Celine with Grace and you with Charli, which made the return back a little difficult to face. You were both extremely valuable to each team, and there had been an inexplicable improvement that United wanted a piece of, though Tottenham wanted to keep. You were conflicted with the history of your home, and the alliance of your new life, which added to the stress of debuting with the England Senior Team.

You felt a familiar figure crouch beside you, placing another layer of soft blanket over your figure. With a soft kiss on your forehead, you snuggled up to Grace’s side, immediately cradling her waist with your arms, engulfing her chest with your head, and listening to her steady heartbeat.

“God, you're so warm.” She muttered, pulling your thigh over her leg, letting your weight lean against her. You let out a silent laugh as Grace wrapped her arms around your shoulders, running her hand through the nape of your hair, playing with the loose strands.

You peered down at her feet, feeling the familiar fabric of your matching socks. “Where have you been?”

Grace tucked you into her chest further, breathing in your scent as she sighed. “Talking to Sarina. She wanted to see what I was doing with Tottenham?”

You looked up, carefully calculating the mood on your girlfriend's face. “What about it?”

“Just whether we— whether I was staying.”

“What did you say?”

“I told her I’d have to ask you.” Grace glanced down at you, smiling at the crease between your eyebrows. She pecked your nose, tracing your features subtly. “She said that she could see that we were dating from a mile away.”

You scoffed at that. “Bet she did.”

None of your national teammates mentioned anything, though some of the senior girls had caught on quite quickly that something had changed since the last time they had seen you in Manchester. Ella, who was usually the slowest had walked in on you two that very morning, yelping and whining over breakfast, making your face go red with embarrassment and Grace shoving Tooney over to Lessi, who, inevitably, now knows.

You had told Beth and Leah that you two had gotten close while partnered together at training. Leah had told you it was obvious, and Beth had given you a big hug before listing things she and Viv did to keep their relationship a secret before it got out.

Grace had told Mary, who told Millie, who told Rach, and soon enough pretty much everyone who cared had found out over the course of a day. They were quick to subtly congratulate you, but the attention had died down by the time dinner had past and you all were watching the somewhat indulging film Esme had put on.

You weren't keeping your relationship a secret, but neither of you found a point in letting it known. If someone asked, you’d tell them. Both of you were waiting for the media to catch on, but until then, you were content with the quietness of it all.

“I’ll go wherever you go, you know that?” Grace muttered, placing soft kisses down the coloum of your neck. You pressed your figure closer to her, sighing when her hands ran against your sides.

You held out your hand to grab hers, tracing the ridges in her knuckles. “What do you think? Tottenham or United?”

“I don't care, baby.” She spoke, peeking up from where her face hovered above your collarbone. “I would warm the bench if it meant I was with you.”

You laughed into the blankets, nudging your face into her neck. “You're a sweet talker, Clinton.”

Grace didn't deny the statement, smirking down at your cosy position against her. She wouldn't trade you for any contract offer in the world. No amount of money or years of playing football could equate to holding you in her arms.

______________

yourusername

Liked by Graceclinton, Leahwilliamson, and 98,367 others

tagged — graceclinton, alessiarusso, ellatoone

yourusername — training and socks 🧦🎀

_____________

Comments:

user78 — if they are not in love then idk what love is

lionesses — pretty in pink! 💕

graceclinton — I love the way you look at me

graceclinton — feet on feet 🤢

^ yourusername — you love it 😙

wosofan — THE WAY THEY LOOK AT EACH OTHER I CAN NOT DO THIS THEY R SO CUTE

alessia — 😍

* liked by creator

user17 — im dreading the time their loan at Tottenham ends.

^ user67 — what if one of them stays at Tottenham and the other stays at United?

^ user66 — I will become violent if this happens

^ user16 — both teams will want them both. I doubt this will happen

charlottegrant — my little koala 🐨

^ yourusername — miss you char char 😣

ellatoone — less and I third wheeling

^ alessia — you’ll live tooney

^ graceclinton — double date?

^ user62 — Y/N AND GRACE CONFIRMED???????

______________

[mysharona1987]

No real news here. Just the guy in charge of the human rights of 390 million people bragging that he is corrupt as fuck, easily bribed and will continue to get away with it.

[coochiequeens]

An update to an older story that’s goods news!

When Jenny Nguyen signed the lease to create her dream bar, she wasn’t sure it would stay open for more than a few months.

But earlier this month, 43-year-old Nguyen’s first-of-its-kind establishment in Portland, Oregon, celebrated its one-year anniversary. Aptly named The Sports Bra, it’s a sports bar where only women athletes appear on the TVs.

Business has been good, despite the niche business model and record inflation sending food and beverage prices soaring. The Sports Bra brought in $944,000 in revenue in the eight months it was open in 2022, according to documents reviewed by CNBC Make It.

It was profitable in that first year of business, Nguyen adds.

“It turns out, it’s pretty universal — that feeling of being a women’s sports fan and going into a public place, like a sports bar, and having a difficult time finding a place to show a [women’s] game, especially when there are other men’s sports playing,” Nguyen says.

Initially, she wasn’t sure the idea would work at all. The vast majority of money and attention historically goes to men’s sports only — a big reason why The Sports Bra was reportedly the country’s first bar to only play women’s sports on TV.

It’s also not the kind of thing Nguyen would ordinarily do: She describes herself as “very cautious, risk averse.” But her obsession with women’s sports and frustration with its lack of representation on television screens drove her to empty her life savings — about $27,000 — and give it a try.

“Me, personally, I thought the idea was brilliant and that [it was] what the world needs,” Nguyen says. “But I had no idea that the world would want it. I just wanted to give it a shot.”

How The Sports Bra went from running joke to reality

Nguyen is a lifelong basketball fan who played the sport at Clark College in Vancouver, Washington, before tearing her ACL. She’s also a longtime restaurant worker who spent three years as Reed College’s executive chef.

In 2018, Nguyen and a group of friends wanted to watch the NCAA women’s basketball championship game. They went to a mostly empty sports bar and still had to plead with a bartender to switch one of the smallest TVs — which played without sound — from a men’s sport to the women’s championship game, she recalls.

Together, they jumped up and down celebrating “one of the best games I’ve ever seen,” Nguyen says, as a buzzer-beating three-point shot sealed the championship title for Notre Dame. Afterward, she was struck by the normalcy of her situation.

″[We’d] gotten so used to watching a game like that in the way that we did,” she says, adding that they’d only find better viewing conditions “if we had our own place.”

Days later, she channeled her disappointment into a hypothetical: What would she name her bar? “The very first thing that came into my mind was The Sports Bra,” Nguyen says. “And once I thought it, I couldn’t un-think it, you know? It was catchy. I thought it was hilarious.”

For years, she joked about it. Then, the fallout from social justice movements like #MeToo and the country’s racial reckoning after George Floyd’s murder left her wanting to make a meaningful impact on the world and her community.

Nguyen, who came out as a lesbian at age 17, says she doesn’t always feel welcome at most traditional sports bars. The Sports Bra could help her, and anyone else who’d rarely felt accepted in other sports establishments, feel like she belonged.

“I thought about, if we can even get one kid in here and have them feel like they belong in sports, it’d be worth it,” she says.

Helping other women’s sports bars get started

At first, Nguyen had her savings, and $40,000 in loans cobbled together from friends and family. That would keep The Sports Bra afloat for three months, based on her cost estimates for labor, inventory and other overhead.

In February 2022, she launched a Kickstarter to raise $48,000 — enough money for an extra six-month financial cushion, to build up the sort of regular clientele any bar or restaurant needs to survive long-term.

To Nguyen’s surprise, the campaign raised more than $105,000 in just 30 days, thanks to a viral article in online food publication Eater. “At that moment, when I was looking at that Kickstarter graph, I thought to myself, ‘This might work,’” she says.

But the money, which came from around the country and world, was no guarantee of success. Actual people in Portland still needed to frequent the bar.

Today, there’s often a line out the door. Women’s basketball icons like Sue Bird and Diana Taurasi showed up, for an event sponsored by Buick, earlier this month. Ginny Gilder, co-owner of the WNBA’s Seattle Storm, has even waited in line to watch her team play on The Sports Bra’s TVs, Nguyen says.

That’s a far cry from the Kickstarter days, which Nguyen says only happened after she was denied business loans by multiple banks and small business associations. The denials commonly cited the high risk of a unique concept run by a first-time entrepreneur during a pandemic, she adds.

Even the bar’s core concept is a struggle: It’s hard to find enough women’s sporting events to fill up the televisions. Only about 5% of all TV sports coverage focuses on female athletes, according to a 2021 University of Southern California study.

Nguyen says she’s taken to reaching out directly to sports networks and streaming services, some of which have hooked her up with access to more women’s sports content. She also spends an inordinate amount of time “scouring” TV listings, a process she likens to “taking a machete and chopping through a jungle.”

But she’s no longer alone. Another bar specializing in women’s sports has opened in nearby Seattle, and Nguyen says she’s in touch with a handful of other prospective entrepreneurs asking her for advice on opening similar visions in other cities.

“I would love to have as many people experience the feeling people experience when they walk through these doors,” she says. “It feels very selfish to keep it to this one building that holds 40 people at a time.”

[rav3nmuse]

Are you going to finish your webcomic I can't find any black webcomics and yours looks promising. If you finish it I will read it. I tried looking and all I see are Asian and white people as per usual.

Hi, I think you’re referring to this post - that story is by @onyichii i. I don’t make comics currently. I just read a lot and illustrate on the side. You’re in luck I’ve been wanting to make a post about black & brown FL in webcomics. I’m always on the hunt for more webcomics with black leads! These stories can be found on Webtoon ( I know there are stories on tapas - I just don’t like their coin/ink system at all so I very rarely visit). Here are some of the tropes — romance, supernatural, mystery, magic, adventure. I’ve linked the webtoons and the creators behind them - please follow them and support them if you can! ( I might add descriptions for these titles later on but I’m tired so here are links and photos for now )

Here you go:

LMLY by edbe

The Blind Prince by cozycroww

Mad Mortem by Beholden8

Dom & Mor ( GL ) by DyeMeLikeASunset @dyemelikeasunset (I love these two so much )

High School Neoma by orror0

Rose & Sol by nemui_Jelly

21st Century Knights by Plastic Bottru

Holy Hell by Marilyn Hightower

Helja and the Lich King by Ya Big Palooka @heljacomic

He’s Harmless, I Swear by Basil the Bear

Dagger to the Heart by oori

Shinning Star ( GL ) by marshiyan

Heart of Gold by notashleynine

P.E.T.S ( GL ) by Gyxks

Cupid 101 by tanaeart

Pippa & Levi by Onyichii ( sadly this story is discontinued but please support the author in their later projects to come )

Wooow such a large list! Can you believe there’s more im missing ( I’m tireeeed and keep remembering other stories) but hope you all enjoy. I will make a part 2 later on.

[itisiives]

Alright, since my friend isn't allowed to blaze my GFM campaign for me for some reason, how about this:

Any environmentalist gays want to buy some sustainably-made soap from a small business owner? Commissions from sales go directly to my tuition, lol.

[ebanda]

Summer Mood ☀️

[jadonsgf]

can we keep her forever …

[winifred-banks]

European Champion Claudia Pina💙❤️

[seltzher-bottel]

Styx and his two best waitresses, Cilla and Arby

[the-level-up-diaries]

MY 2023 GOALS

The goals I set this year vs what I actually accomplished.

Enroll in WGU and complete a degree in 6 months

-I enrolled and switched my degree a few times. I am now enrolled in the master's program with WGU and I want to land a system admin job in the year year after I graduate that pay $90k-$120k. I am also getting Cisco and RedHat certified, so *fingers crossed* .

Pay off my student loan debt

-On December 22nd of 2023 I will officially be DEBT FREE!!! I struggled, worked 2 jobs, burned out a couple of times and made many sacrifices. I can honestly say I am very, very proud of myself. I questioned many days could I get debt free and even thought about waiting on relief, but I finally did thank God!

Get a job paying over $65k

-I took a course and landed an SDR role within a company and my job with OTE pays $72k. It's a hard job, but I am learning everyday and I hope that I can continue with the company as long as possible.

Get my credit above the 700s

-This is a yes and a no! I won't officially get my new score until the new year, but since all my debt will be gone, it should be past THE 700S.

Lose 50 lbs.

-I really struggled with my weight this year as well as my eating. What I learned is I needed to simplify my routine. I start turning on anime and watching that while I walk at a speed of 3.0-3.5 on the treadmill. I walk an hour everyday, but Sunday. I will lay out the plan on how and when I'll lose this weight in a later post.

[batboyblog]

Things Biden and the Democrats did, this week. #6

Feb 16-23 2024

The EPA announced 5.8 billion dollars in funding upgrade America's water systems. 2.6 billion will go to wastewater and stormwater infrastructure, while the remaining $3.2 billion will go to drinking water infrastructure. $1 billion will go toward the first major effort to remove PFASs, forever chemicals, from American drinking water. The Administration all reiterated its plans to remove all lead pipes from America's drinking water systems, its spent 6 billion on lead pipe replacement so far.

The Department of Education announced the cancellation of $1.2 billion in student loan debt reliving 153,000 borrowers. This is the first debt cancellation through the Saving on a Valuable Education (SAVE) Plan, which erases federal student loan balances for those who originally borrowed $12,000 or less and have been making payments for at least 10 years. Since the Biden Administration's more wide ranging student loan cancellation plan was struck down by the Supreme Court in 2023 the Administration has used a patchwork of different plans and authorities to cancel $138 billion in student debt and relieve nearly 4 million borrowers, so far.

First Lady Jill Biden announced $100 million in federal funding for women’s health research. This is part of the White House Initiative on Women’s Health Research the First Lady launched last year. The First Lady outlined ways women get worse treatment outcomes because common health problems like heart attacks and cancer are often less understood in female patients.

The Biden Administration announced 500 new sanctions against Russian targets in response to the murder of Russian dissident Alexei Navalny. The sanctions will target people involved in Navalny's imprisonment as well as sanctions evaders. President Biden met with Navalny's widow Yulia and their daughter Dasha in San Francisco

The White House and Department of Agriculture announced $700 Million in new investments to benefit people in rural America. The projects will help up to a million people living in 45 states, Puerto Rico, and the Northern Mariana Islands. It includes $51.7 million to expand access to high-speed internet, and $644.2 million to help 158 rural cooperatives and utilities provide clean drinking water and sanitary wastewater systems for 578,000 people in rural areas.

The Department of Commerce signed a deal to provide $1.5 billion in upgrades and expand chip factories in New York and Vermont to boost American semiconductor manufacturing. This is the biggest investment so far under the 2022 CHIPS and Science Act

the Department of Transportation announced $1.25 billion in  funding for local projects that improve roadway safety. This is part of the administration's Safe Streets and Roads for All (SS4A) program launched in 2022. So far SS4A has spent 1.7 billion dollars in 1,000 communities impacting 70% of America's population.

The EPA announced $19 million to help New Jersey buy electric school buses. Together with New Jersey's own $45 million dollar investment the state hopes to replace all its diesel buses over the next three years. The Biden Administration's investment will help electrify 5 school districts in the state. This is part of the The Clean School Bus Program which so far has replaced 2,366 buses at 372 school districts since it was enacted in 2022.

Bonus: NASA in partnership with Intuitive Machines landed a space craft, named Odysseus, on the moon, representing the first time in 50 years America has gone to the moon. NASA is preparing for astronauts to return to the moon by the end of the decade as part of the Artemis program. All under the leadership of NASA Administrator, former Democratic Senator and astronaut Bill Nelson.

[dreaminginthedeepsouth]

Pat Bagley, Salt Lake Tribune

* * * *

LETTERS FROM AN AMERICAN

January 19, 2024

HEATHER COX RICHARDSON

JAN 19, 2024

President Joe Biden today signed the continuing resolution that will keep the government operating into March.

Meanwhile, the stock market roared as two of the three major indexes hit new record highs. The S&P 500, which measures the value of 500 of the largest companies in the country, and the Dow Jones Industrial Average, which does the same for 30 companies considered to be industry leaders, both rose to all-time highs. The third major index, the Nasdaq Composite, which is weighted toward technology stocks, did not hit a record high, although its 1.7% jump was higher than that of the S&P 500 (1.2%) or the Dow (1.1%).

Investors appear to be buoyed by the fact the rate of inflation has come down in the U.S. and by news that consumers are feeling better about the economy. A report out today by Goldman Sachs Economics Research noted that consumer spending is strong and predicted that “job gains, positive real wage growth, will lead to around 3% real disposable income growth” and that “household balance sheets have strengthened.” It also noted that “[t]he US has led the way on disinflation,” and it predicted further drops in 2024. That will likely mean the sort of interest rate cuts the stock market likes. 

The economic policies of the Biden-Harris administration have also benefited workers. The unemployment rate has been under 4% for more than two years, and wages have risen higher than inflation in that same period. Production is up as well, to 4.9% in the third quarter of 2023 (the U.S. growth rate under Trump even before the pandemic was 2.5%). 

The administration has worked to end some of the most obvious financial inequities in the U.S., such as the unexpected “junk fees” tacked on to airline or concert tickets, or to car or apartment rentals. On Wednesday the Consumer Financial Protection Bureau announced a proposed rule for bank overdraft fees at banks that have more than $10 billion in assets. 

While banks now can charge what they wish if a customer’s balance falls below zero, the proposed rule would allow them to charge no more than what it cost them to break even on providing overdraft services or, alternatively, an industry-wide fee that reflects the amount it costs to deal with overdrafts: $3, $6, $7, or $14. The amount will be established after a public hearing period.

Ken Sweet and Cora Lewis of the Associated Press note that while the average overdraft is $26.61, some banks charge as much as $39 per overdraft. The CFPB estimates that in the past 20 years, banks have collected more than $280 billion in overdraft fees. (One bank’s chief executive officer named his boat “Overdraft.”) Over the past two years, pressure has made banks cut back on their fees and they now take in about $8 billion a year from those overdraft fees. 

Bankers say regulation is unnecessary and will force them to end the overdraft service, pushing people out of the banking system. Biden said that the rule would save U.S. families $3.5 billion annually. 

The administration has also addressed the student loan crisis by reexamining the loan histories of student borrowers. An NPR investigation led by Cory Turner revealed that banks mismanaged loans, denying borrowers the terms under which they had signed on to them. Rather than honoring the government’s promise that so long as a borrower paid what the government thought was reasonable on a loan for 20 or 25 years (undergrad or graduate), the debt would be forgiven, banks urged borrowers to put the loan into “forbearance,” under which payments paused but the debt continued to accrue interest, making the amount balloon. 

The Education Department has been reexamining all those old loans to find this sort of mismanagement as well as other problems, like borrowers not getting credit for payments to count toward their 20 years of payments, or borrowers who chose public service not receiving the debt relief they were promised.

Today the administration announced $4.9 billion of student debt cancellation for almost 74,000 borrowers. That brings the total of borrowers whose debt has been canceled to 3.7 million Americans, with an erasure of $136.6 billion. Nearly 30,000 of today’s relieved borrowers had been in repayment for at least 20 years but never got the relief they should have; nearly 44,000 had earned debt forgiveness after 10 years of public service as teachers, nurses, and firefighters.

Biden has been traveling the country recently, touting how the economic policies of the Biden-Harris administration have benefited ordinary Americans. In Emmaus, Pennsylvania, last Friday he visited a bicycle shop, a running shoe store, and a coffee shop to emphasize how small businesses are booming under his administration: in the three years since he took office, there have been 16 million applications to start new businesses, the highest number on record.

Biden was in Raleigh, North Carolina, yesterday to announce another $82 million in support for broadband access, bringing the total of government infrastructure funding in North Carolina during the Biden administration to $3 billion.  

On social media, the administration compared its investments in the American people to those of President Franklin Delano Roosevelt’s New Deal in the 1930s, which were enormously popular. 

They were popular, that is, until those opposed to business regulation convinced white voters that the government’s protection of civil rights, which came along with its protection of ordinary Americans through regulation of business, provision of a basic social safety net, and promotion of infrastructure, meant redistribution of white tax dollars to undeserving Black people.

The same effort to make sure that ordinary Americans don’t work together to restore basic fairness in the economy and rights in society is visible now in the attempt to attribute a recent Boeing airplane malfunction, in which a door panel blew off mid-flight, to diversity, equity, and inclusion (DEI) efforts. Tesnim Zekeria at Popular Information yesterday chronicled how that accusation spread across the right-wing ecosystem and onto the Fox News Channel, where Fox Business host Sean Duffy warned: “This is a dangerous business when you’re focused on DEI and maybe less focused on engineering and safety.” 

As Zekeria explains, “this narrative has no basis in fact.” Neither Boeing nor its supplier, Spirit AeroSystems, is particularly diverse, either at the workforce level, where minorities make up 35% of Boeing employees and 26% of those at Spirit AeroSystems, or on the corporate ladder, where the overwhelming majority of executives are white men. Zekeria notes that right-wing media figures have also erroneously blamed last year’s train derailment in Ohio and the collapse of the Silicon Valley Bank on DEI initiatives.

The real culprit at Boeing, Zekeria suggests, was the weakened regulations on Boeing and Spirit thanks to more than $65 million in lobbying efforts.

Perhaps an even more transparent attempt to keep ordinary Americans from working together is the attacks former Fox News Channel personality Tucker Carlson has launched against Vice President Kamala Harris, calling her “a member of the new master race” who “must be shown maximum respect at all times, no matter what she says or does.” Philip Bump of the Washington Post noted yesterday that this construction suggests that Harris, who identifies as both Black and Indian, represents all nonwhite Americans as a united force opposed to white Americans. 

But Harris’s actions actually represent something else altogether. She has crossed the country since June 2022, when the Supreme Court overturned the 1973 Roe v. Wade decision that recognized the constitutional right to abortion, talking about the right of all Americans to bodily autonomy. That the Supreme Court felt able to take away a constitutional right has worried many Americans about what they might do next, and people all over the country have been coming together in opposition to the small minority that appears to have taken over the levers of our democracy. 

Driving the wedge of racism into that majority coalition seems to be a desperate attempt to stop ordinary Americans from taking back control of the country.  

LETTERS FROM AN AMERICAN

HEATHER COX RICHARDSON

[mysharona1987]